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Debt-based scheme would sidestep Hungary to quickly release money for Kyiv
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...that they can strike a deal on February 1 to allocate €50bn of fresh funding to Ukraine, either through concessions to Hungary that would allow the use of the bloc’s shared budget, or an off-budget “plan B”...
...“I think there are plans B, we even talked about it on the sidelines but frankly I hope it doesn’t come to that,” said Giorgia Meloni, Italy’s prime minister, as she left the summit....
...Some farmers were happy to “develop a plan B”, even if they remained committed to a plan A of continuing meat production, says Dragsdahl....
...While 26 member states have a plan B to send money to Kyiv outside the EU budget, that would require national parliaments’ ratification, causing delays and uncertainty....
...He envisions his “plan B” will come into play if EU countries fail to circumvent Hungary’s blocking of financial aid to Ukraine. But Rehn is struggling to gain traction....
...Now read these Plan B: EU officials are looking at ways of circumventing Hungary’s veto on a support package for Ukraine ahead of crucial discussions later this week....
...But it would be reckless not to have a plan B.”...
...The group of senior class A and subordinate class B bonds are securitised at the operating companies....
...About 7mn barrels a day of crude oil and refined products flow through the Bab-el-Mandeb strait but the route has become vital for Russia to export to Asia with 4mn b/d heading south, according to Kpler...
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...“I had a dual plan: plan A involved transforming the family home into a guest house and restaurant; and plan B was to sustain a livelihood as a chef, regardless.”...
...The state-run oil producer said the energy ministry had ordered the move which would have increased its daily output from 12mn barrels a day to 13mn b/d by 2027....
...There is no Planet B. It’s time for action. Join us at COP28. Henry Mance Now, if you pay any attention to climate negotiations, you’ll know that things have been getting pretty heated....
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